Common use of Authorization of Common Stock Clause in Contracts

Authorization of Common Stock. The issuance and delivery by Parent of the shares of Common Stock comprising part of the Purchase Price as described in item 5 of Exhibit A has been authorized and approved by all requisite corporate action on the part of Parent. Such shares of Common Stock are validly issued, fully paid and non-assessable.

Authorization of Common Stock. The issuance and delivery by Parent of the shares of Common Stock comprising part of the Purchase Price as described in item 5 of Exhibit A has been authorized and approved by all requisite corporate action on the part of Parent. Such shares Upon issuance and delivery to the Company or its designee(s) in accordance with the first paragraph of this Agreement, the Common Stock are will be duly authorized, validly issued, fully paid and non-assessable.